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Total compensation of Life Technologies CEO Greg Lucier shrunk 13 percent in 2008 to more than $9.6 million, according to the company's proxy filed last week with the US Securities and Exchange Commission.

The brunt of the decrease in compensation stems from a reduction in option awards of almost $1.6 million in 2008 from more than $3 million in 2007. His 2008 compensation includes a base salary of $978,404, stock awards of more than $4.9 million, and non-equity incentive plan compensation of $2.05 million.

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